> Except that with our current systems we involve a lot of lawyers, banks, and notaries, that to a large degree would be dis-intermediated into code.

I don't quite see how it could be a significant share of workload that would go to code. The parts you can dispatch there just are not that significant in costwaise when running a financial organization.

Furthermore, even the part that could be dispatched to code, won't. See DAO in the early days of etherium.